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3639 Georgia Street

San Diego CA, 92103

$2,070,000


Sold

Residential

Built in 1927

Listed by Corey McHenry with David Santistevan 858-677-5314

Georgia & Cypress is a unique high quality apartment property in an A+ area of North Park, San Diego, with 3 addresses associated with 92103 (Hillcrest) and 1 address associated with 92104 (North Park). The property sits just 2 blocks to the world renown Balboa Park and is within walking distance of trendy restaurants, upscale grocery stores, coffee shops and nightlife. Georgia & Cypress consists of 2 - 2 Bedroom / 1 Bathroom units and 2 - 1 Bedroom / 1 Bathroom units WITH EXCESS LAND TO POTENTIALLY ADD AN ADDITIONAL 2 UNITS TO THE SITE. The property is on a corner lot and has 4 designated parking spaces in the rear of the property. Each unit has a large storage area and 3 of the 4 units have washer/dryer hookups with one unit having adequate space to add this feature. The property also boasts a new roof (2021), newer dual pane windows, a complete exterior painting (2020) and landscaping. The interiors have been kept very well over the years with various upgrades to 3 of the 4 units. Although the property is meticulously maintained, due to long term ownership, the in-place rents are very low. There is significant upside potential through a complete renovation of unit 3647 Georgia St. & minor updates to the remaining units. Unit 3639 Georgia St. (2BR/1BA) will be delivered vacant at the close of escrow, allowing a buyer the opportunity to live in the unit and rent out the others, or to complete additional updates to bring the rent up to market. Georgia & Cypress offers an opportunity for the long term investor or owner occupier to own a rarely offered, highly unique property Unit # for Unit 1: 3639 Unit # for Unit 2: 3641 Unit # for Unit 3: 3647 Unit # for Unit 4: 1905 Number of Furnished Units: 0

220018369SD

MLS ID

July 1, 2022

Listed

March 23, 2024

Updated

Map

3639 Georgia Street
San Diego CA, 92103

Interior Features

Total Stories

1


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

No

Exterior/Building Features

Roof

Rolled/Hot Mop

Other Property Details

Area Name

92103 - Mission Hills


Days on Market

17


Garage

No


Parking Total

0


View

No


County

San Diego


Pool

No


Zoning

RM-3-7


Buyer Agency Compensation

2.5%

Listing Contact: 858-677-5314 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:44 AM UTC

 

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